Weekend Sale Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: xmas50

PRINCE2 Prince2-Practitioner - PRINCE2 Practitioner Exam

Page: 4 / 9
Total 282 questions

Which of the following statements is NOT correct?

The Learn from Experience principle suggests that lessons should be actively sought...

A.

When Starting a Project

B.

When Initiating a Project

C.

As the project progresses

D.

As the project closes

Two weeks after starting work the Team Manager noticed that each completed product had exceeded its estimated effort by around 10%. If this trend continues the Work Package will exceed its agreed cost tolerance of 5%.

Which 2 actions should the Team Manager take in response to this situation?

A.

Check the status of the products currently being worked on and analyze the effort expended, to determine if the trend is continuing.

B.

Update the Team Plan by increasing all future work estimates by 10%.

C.

Amend the Work Package and ensure that the revised targets are met.

D.

Escalate the situation in the next Checkpoint Report.

E.

Raise an issue that costs will exceed tolerance if the current trend continues.

Column 1 is a list of entries from the Daily Log that occurred during stage 4 in the Controlling a Stage process. For each entry in Column 1, select the first management product from Column 2 that should have been updated, or created, as a result of the entry. Each selection from Column 2 can be used once, more than once or not at all.

Drop down the right answer from column 1 to column 2.

It is now late October and the project is in stage 3. The label design competition has been held and the photos of the staff have been taken. The CEO and Marketing Director still need to choose the winning label design and the 12 photos for the calendar. However, the Executive has learned that two competitors are issuing calendars to MNO's customers by the middle of November. After analyzing the impact of this Issue, one of the options the Project Manager has presented to the Project Board is to close the project prematurely.

There are a number of key facts relating to this project that would need to be recorded if the project Y-e to be closed now.

Which product should show that the staff photo sessions were disruptive to the Engineering Department as they had been scheduled during peak work times without consultation with the Engineering Manager?

A.

Follow-on action recommendations

B.

Lessons Report

C.

Project closure notification

D.

Risk Register

It is now late October and the project is in stage 3. The label design competition has been held and the photos of the staff have been taken. The CEO and Marketing Director still need to choose the winning label design and the 12 photos for the calendar. However, the Executive has learned that two competitors are issuing calendars to MNO's customers by the middle of November. After analyzing the impact of this Issue, one of the options the Project Manager has presented to the Project Board is to close the project prematurely.

There are a number of key facts relating to this project that would need to be recorded if the project Y-e to be closed now.

Which product should register that the risk of a competitor producing a calendar at the same time was identified at the beginning of the project but the assessment of this risk appears to have been poor?

A.

Issue Register

B.

Follow-on action recommendations

C.

Lessons Report

D.

Risk Register

When examining a project issue, which three aspects should be considered?

1. Performance targets

2. Business Case

3. Resources

4. Risk

A.

1, 3, 4

B.

2, 3, 4

C.

1, 2, 4

D.

1, 2, 3

Which of the following is the definition for an off-specification?

A.

An issue the Project Manager needs to resolve or escalate

B.

Something forecast or currently not meeting specification

C.

A proposal for a change to a baseline

D.

A statement of concern

Scenario:

The Ministry of Food Hygiene (MFH) has a quality management system which contains a document control process to manage all documentation requirements. The document control process was created by the MFH Quality Manager, who now maintains all of MFH's documents and performs an organization-wide configuration management role. The MFH Quality Manager will administer the configuration management procedure for the Restructuring project since this must comply with the MFH document control process.

What will be the impact on the benefits?

A.

Reduced savings, now £10m over 10 years.

B.

Increased savings of £5m over 10 years from the new initiative to centralize the services provided by the Facilities Division.

C.

An additional cost of £1.5m to deliver the services provided by the Facilities Division.

D.

Outsourcing project cost reduced by 50%.

If the Project Board are too busy to authorize all change requests themselves, they can appoint?

A.

A Change Authority

B.

A Change Board

C.

A Change Committee

D.

A Change Budget

What is the purpose of a Product Status Account?

A.

A set of records that describe information about the project

B.

A log used to record problems or concerns about products

C.

An audit or review to compare actual status of products

D.

A report covering the status about the state of the projects products within